Viewing Company Bank of America | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Bank of America Stock Symbol: BAC-N

Last Price Recorded: $22.8200 on 2017-06-23

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2017-06-21 COMMENT Andy Nasr

Toronto Dominion (TD-T) or Bank of America (BAC-N)? Not one of his favourite US banks. He would rather own J.P. Morgan (JPM-N) or Wells Fargo (WFC-N). This is amongst the most sensitive US banks to fluctuations in interest rates.


Price:
$23.130
Subject:
REITS, GLOBAL & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2017-06-21 COMMENT Gordon Reid

Longer-term, this has more upside. It had a very sharp rise from early November. A lot of the banks have gone up on the Trump trade and then back down. This hasn’t come right back down, because it is more of a valuation play than the pure growth play. Wait for the yield curve to steepen.


Price:
$23.130
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2017-06-16 COMMENT Norman Levine

He likes the US banks better than Canadian banks. This bank and some of the others derive a lot of their revenue income from the securities industry. He would rather be in the banking business than the vagaries of the security industry.


Price:
$23.430
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-06-15 DON'T BUY Christine Poole

She has WFC-N.  The expectation was very high that rates would be raised yesterday.  The yield curve is flattening rather than increasing.  WFC-N was not hit as hard during the banking crisis.  BAC-N should be slowly improving their dividend.


Price:
$23.540
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on NORTH AMERICAN ECONOMY
Owned:
No
2017-06-13 COMMENT Barry Schwartz

Prefers J.P. Morgan (JPM-N) for his clients, which he has owned since about 2012. His thesis was that the US economy and housing market was improving and at some point, interest rates had to go up. They probably all move in similar directions.


Price:
$23.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-06-13 COMMENT Cameron Hurst

Bank of America (BAC-N) or Citigroup (C-N)? The primary difference is that this is a domestic focused bank and Citigroup, is international and emerging market focus. There are definite tailwinds to both of these.


Price:
$23.770
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Unknown
2017-06-09 COMMENT David Dietze

This has the potential to put some heat onto Wells Fargo (WFC-N) to regain its #1 standing. It has a wonderful footprint coast-to-coast. Also, they are very leveraged to interest rates. He loves this bank.


Price:
$23.670
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Unknown
2017-06-05 PARTIAL BUY Matthew McCall

It is sitting on a support line of $21-$22.  Buy a half position.  They are bouncing off support.  He favours JPM-N, but has nothing against this one.


Price:
$22.410
Subject:
US EQUITIES
Bias:
BULLISH on GLOBAL STOCKS
Owned:
Unknown
2017-05-29 COMMENT Colin Stewart

This bank and the US banking sector over the last couple of months has retreated a little or gone sideways, partly due to bank stocks having such huge moves going up to the US November election. Feels all those things are still generally in place. We are going to see higher rates in some form of a tax cut. These bank stocks are quite cheap but in a month or 2, they should be a lot higher.


Price:
$23.240
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
UNKNOWN
Owned:
Unknown
2017-05-26 BUY Stan Wong

He likes the US banks. This is one of the cheaper ones, trading at under 1X BV. Pays a 1.3% dividend, but they have the potential to increase shareholder capital return to dividend increases and buybacks. They should also benefit from lighter regulation, lower taxes, and higher interest rates. Probably not a bad time to be picking away at this.


Price:
$23.240
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2017-05-23 COMMENT David Burrows

When you’ve gone through 15-18 years of up-and-down markets, people through their experience, start to look for the next major problem. The toughest thing in a bull market is to stay invested. This was at $12 in June/16. It rallied to $25. It is okay for it to sit and rest for 2 or 3 months. In the last two quarters they have had great earnings increases. Their BV is growing at 15%. There is no sign that this is coming to an end. An attractive place to be.


Price:
$23.390
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2017-05-19 BUY on WEAKNESS John Petrides

Financials are one of his favourite sectors. He would definitely recommend Holding this and buying on any dips. With the fundamentals of the banking sector, the wind is really at your back, because they had been regulated post the crisis, and have so much capital on their balance sheets, that they are the strongest they have been since World War II. By and large, the consumer is fairly healthy, so the loan book is actually quite strong for banks in general. Also, the Fed is embarking on raising rates. As they continue to move higher, higher interest rates are good for bank revenues. If Trump is able to put some sort of deregulation into the banking sector, that is icing on the cake.


Price:
$23.050
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Unknown
2017-05-19 COMMENT David Driscoll

Bank of America (BAC-N) or Citigroup (C-N)? This one will give you more of the mortgage business. If your a believer that the economy is going to continue to grow, housing is going to expand, then this is for you. It comes down to where your comfort level is going to be. He would personally prefer J.P. Morgan (JPM-N), given that their investment banking arm is probably doing better than Goldman Sachs (GS-N) right now. This is fairly cheap on a relative basis.


Price:
$23.050
Subject:
GLOBAL
Bias:
UNKNOWN
Owned:
No
2017-05-17 COMMENT David Baskin

US banks took a big kick today. This is a good bank. He owns J.P. Morgan (JPM-N) and Goldman Sachs (GS-N), because he likes the underwriting as well as the commercial bank. You don’t get that with Bank of America. A lot of the enthusiasm about US banks, had to do with the Trump agenda of getting rid of a lot of the Dodd Franks regulatory structure. If you feel that the Trump thing is a tempest in a teapot and it is going to blow over, this is a buying opportunity. US banks are not expensive, and everybody should own at least one.


Price:
$22.570
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-05-15 COMMENT Larry Berman CFA, CMT, CTA

Liquidate? He never recommends liquidating. He likes to scale. If you’ve had a good run and there are good profits, and some potential risks to the downside, then you cut a 3rd. If it keeps going up, then you are still playing, and then you cut another 3rd. he doesn’t think we are going to get back to the levels that were there prior to 2008. Doesn’t see rates going up materially, from this point on. He would be inclined to scale out of bank names.


Price:
$24.060
Subject:
STOCKS & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 880 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.